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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: rchlrvn who wrote (4966)	7/29/2005 1:04:47 PM
From: chowder	Respond to of 13449

>>> Are you saying that for you this type expansion bar trumps any other technical signal? <<< YUP! YUP! YUP! It's the royal straight flush of technical indicators. Keep in mind, it's not predicting the future. It's telling you that the probabilities are so much in your favor that nothing else matters. If you've seen the poker matches on TV, there are times when the odds are 90% or better for someone to win and they still lose. What matters to professional poker players is that 90% favorable odds will make them winners over the long haul. That's what we look for ... probabilities and odds. When you see a high volume, wide range bar with hardly any tails or shadows on either end of the candle. This is a very strong candle. Nothing else matters on this day. dabum